Short selling is incredibly useful, and it hurts no-one.*Edit* – Just like taking pictures with a camera does not steal your soul. The people who are blaming short selling for the current crises (Barack Obama, John McCain) are no more sophisticated or wise than ancient tribal shamans who, when faced with a drought, point to a young man in the tribe and demand that he be sacrificed to the sky god, so that rain may come. Well, the rain eventually comes whether they sacrificed the poor man or not, and now the tribe is weaker one member. But the rain eventually comes and everyone nods and says “Truly, Shaman is wise.”

*Edit* –
I’m serious. With their recent comments, John McCain has demonstrated that he is literally too primitive and superstitious to lead this country.

“Oh no, Mr Commander-in-Chief, we have a problem with X”

“No fear, Mr Tribe-man. Let me get my Six Demon Bag and shake it at X. That will scare away the evil spirits and all will be well. Call a press conference!”